Man Group plc increased its holdings in AMETEK, Inc. (NYSE:AME – Free Report) by 39.8% during the 4th quarter, HoldingsChannel reports. The fund owned 1,097,509 shares of the technology company’s stock after acquiring an additional 312,489 shares during the quarter. Man Group plc’s holdings in AMETEK were worth $225,330,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. Darwin Wealth Management LLC acquired a new position in shares of AMETEK in the second quarter worth about $25,000. CoreCap Advisors LLC raised its stake in AMETEK by 84.3% during the fourth quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock valued at $26,000 after buying an additional 59 shares in the last quarter. BOKF NA raised its stake in AMETEK by 137.7% during the fourth quarter. BOKF NA now owns 145 shares of the technology company’s stock valued at $30,000 after buying an additional 84 shares in the last quarter. Transamerica Financial Advisors LLC raised its stake in AMETEK by 73.9% during the fourth quarter. Transamerica Financial Advisors LLC now owns 153 shares of the technology company’s stock valued at $31,000 after buying an additional 65 shares in the last quarter. Finally, Flagship Harbor Advisors LLC acquired a new stake in AMETEK during the fourth quarter valued at approximately $32,000. Institutional investors and hedge funds own 87.43% of the company’s stock.
Insider Buying and Selling at AMETEK
In other news, Director Thomas A. Amato sold 530 shares of the stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $216.78, for a total transaction of $114,893.40. Following the sale, the director directly owned 4,480 shares in the company, valued at approximately $971,174.40. This represents a 10.58% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.54% of the company’s stock.
Analyst Upgrades and Downgrades
AMETEK Stock Down 0.4%
Shares of AMETEK stock opened at $231.06 on Thursday. The company has a current ratio of 1.14, a quick ratio of 0.72 and a debt-to-equity ratio of 0.10. The business’s 50 day simple moving average is $229.70 and its 200-day simple moving average is $221.29. The stock has a market capitalization of $52.96 billion, a price-to-earnings ratio of 34.90, a PEG ratio of 3.25 and a beta of 1.00. AMETEK, Inc. has a twelve month low of $174.43 and a twelve month high of $243.18.
AMETEK (NYSE:AME – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.07. The business had revenue of $1.93 billion for the quarter, compared to analysts’ expectations of $1.91 billion. AMETEK had a return on equity of 16.63% and a net margin of 20.11%.The business’s quarterly revenue was up 11.3% on a year-over-year basis. During the same period in the prior year, the firm earned $1.75 EPS. AMETEK has set its FY 2026 guidance at 7.940-8.140 EPS and its Q2 2026 guidance at 1.960-2.000 EPS. Equities research analysts forecast that AMETEK, Inc. will post 8.13 earnings per share for the current year.
AMETEK Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Monday, June 15th. AMETEK’s dividend payout ratio is presently 20.54%.
About AMETEK
AMETEK, Inc is a global manufacturer of electronic instruments and electromechanical devices that serves a broad range of industries. Headquartered in Berwyn, Pennsylvania, the company designs and produces precision instruments, electronic measurement devices, specialty sensors, and electric motors and motion control systems. Its product portfolio includes analytical and monitoring instruments, calibration equipment, power supplies, embedded electronics, and industrial motors and drives used for critical applications.
The company operates through two primary business platforms — an electronic instruments group focused on analytical, test and measurement and sensor products, and an electromechanical group that supplies motors, actuators, and related power and motion solutions.
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